Nigerian human resources technology startup SeamlessHR has raised a $9 million Series-A extension round, according to three people with knowledge of the conversation. This new funding brings the company's total raised to approximately $25 million.

The Series-A extension round was led by the Gates Foundation and Helios Digital Ventures, with SeamlessHR initially seeking to raise $10 million. Despite falling short of its target, the company is poised to leverage this new capital to accelerate its expansion across Africa, which may involve strategic acquisitions. In 2022, SeamlessHR reportedly held talks to acquire an HR tech startup in Nigeria, demonstrating its commitment to consolidating its position in the African market.

Founded in 2018, SeamlessHR provides a comprehensive cloud-based HR software solution that simplifies human resources management for medium to large enterprises in Africa. Its suite of tools covers core HR functions, performance management, payroll, recruitment, and e-procurement, making it a one-stop-shop for businesses seeking to streamline their HR operations. The company has established itself as a leading HR tech provider in Africa, with a customer base that includes renowned brands like PwC, Sterling Bank, and Lagos Business School, operating in Nigeria, Ghana, and Tunisia.

In a statement, Emmanuel Okeleji, SeamlessHR's Co-founder and CEO, emphasized the company's mission to optimize workforce productivity in both the public and private sectors across Africa. He also highlighted SeamlessHR's plans to empower hardworking Africans with responsible credit products, utilizing their employment as collateral to improve their quality of life.

This latest funding round is a testament to SeamlessHR's growth and potential in the African HR tech landscape. As the company continues to expand its footprint across the continent, it is likely to face increasing competition from other HR tech startups. However, with its comprehensive suite of tools and strategic partnerships, SeamlessHR is well-positioned to maintain its market lead and drive innovation in the African HR tech space.

The African HR tech market is ripe for disruption, with many businesses still relying on manual HR processes. SeamlessHR's cloud-based solution offers a scalable and efficient alternative, making it an attractive option for businesses seeking to modernize their HR operations. As the company continues to grow and expand, it is likely to have a significant impact on the African HR tech ecosystem, driving innovation and adoption of digital HR solutions.